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    Monday, December 10, 2007

    Insitu Raises $25M


    Bingen, Washinton-based unmanned aircraft maker Insitu has raised $25M in a new round of funding, according to the company. The round came from Battery Ventures, Second Avenue Partners and Pteranodon Ventures. Insitu's UAVs are used for military and other UAV applications. The funding was first reported by PEHub.com.
    posted on Monday, December 10, 2007 (Link to more information)


    Related stories:
    > Insitu Acquired By Boeing
    > Insitu Appoints Kent as Chief Financial Officer
    > Insitu Taps Guthrie as CTO
    > Insitu Group Gets $23M
    > HealthUnity Raises $1.4M
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